香港交易及結算所有限公司、香港聯合交易所有限公司及香港中央結算有限公司 對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示， 概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失 承擔任何責任。 （ 於 中 華 人 民 共 和 國 註 冊 成 立 之 股 份 有 限 公 司 ，中 文 公 司 名 稱 為 「東 方 証 券 股 份 有 限 公 司 」， 在 香 港 以「 東 方 證 券」（中 文 ）及「DFZQ」（ 英 文 ） 開 展 業 務 ） 中國•上海 2026年 1月 26日 於本公告日期，董事會成員包括執行董事魯偉銘先生和盧大印先生；非執行董事 劉煒先生、楊波先生、石磊先生、李芸女士、徐永淼先生、任志祥先生和孫維東先 生；以及獨立非執行董事吳弘先生、馮興東先生、羅新宇先生、陳漢先生和朱凱先 生。 证券代码：600958 证券简称：东方证券 公告编号：2026-001 东方证券股份有限公司 关于东方金融控股(香港)有限公司为其全资子公司 获取银行授信提供担保的公告 （股份代號：03958） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B ...

Group 1 - The report indicates that the risk assessment for the US and Japan is rising, while the domestic risk assessment in China is steadily declining, making low-risk equity assets like A-shares relatively superior [7][20][30] - Gold and strategic metals within commodities continue to hold investment value, benefiting from the global low-risk characteristics of equity assets [7][20][30] - The report highlights that the trend for risk assets remains strong, with A-shares, commodities, and gold showing robust performance, while US stocks are experiencing overall fluctuations [21][30] Group 2 - In the expectation dimension, domestic supply remains strong while demand is weak, indicating a need for more support for domestic consumption [14][15] - The uncertainty surrounding US policies is increasing, leading to a rise in the risk assessment of dollar-denominated assets [16] - The Bank of Japan has maintained its policy interest rate, but the fiscal outlook is becoming increasingly uncertain due to the dissolution of the House of Representatives [17]

同壁财经讯，企查查数据显示，根据《关于杭州上城区城市建设发展集团有限公司2026年非公开发行公 司债券主承销商选聘项目（重新招标）的中标公告》，东方证券股份有限公司于2026年1月26日公告中 标杭州上城区城市建设发展集团有限公司采购项目，中标金额为133.50万元。 相关上市公司：东方证券(600958.SH) 同壁财经小贴士： 东方证券（600958.SH）2024年营业收入为191.90亿元，营业收入增长率为12.29%，归属母公司净利润 为33.50亿元，归属母公司净利润增长率为21.66%，净资产收益率为4.14%。 2025年上半年公司营业收入为80.01亿元，营业收入增长率为38.87%，归属母公司净利润为34.63亿元， 归属母公司净利润增长率为64.02%。 同壁财经讯，企查查数据显示，根据《关于杭州上城区城市建设发展集团有限公司2026年非公开发行公 司债券主承销商选聘项目（重新招标）的中标公告》，东方证券股份有限公司于2026年1月26日公告中 标杭州上城区城市建设发展集团有限公司采购项目，中标金额为133.50万元。 相关上市公司：东方证券(600958.SH) 同壁财经小贴士： 东方 ...

（记者 王晓波） 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 每经AI快讯，东方证券1月26日晚间发布公告称，截至本公告披露日，公司及控股子公司对外担保总额 为人民币143.74亿元，全部为公司及控股子公司对其全资子公司提供的担保，占公司最近一期经审计净 资产的比例为17.66%。其中，公司对控股子公司提供的担保总额为人民币25.66亿元，占公司最近一期 经审计净资产的比例为3.15%。 每经头条（nbdtoutiao）——国际金价冲破5000美元！7年涨了280%，什么时候才见顶？专家：关键还 看美元，重点关注国际货币体系、降息和科技革命 每日经济新闻 ...

证券代码：600958 证券简称：东方证券 公告编号：2026-001 东方证券股份有限公司 关于东方金融控股(香港)有限公司为其全资子公司 获取银行授信提供担保的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 担保对象及基本情况 | 被担保人名称 | 本次 | 实际为其提供的 担保余额（不含 | 是否在前 期预计额 | 本次担保 是否有反 | | --- | --- | --- | --- | --- | | | 担保金额 | | | | | | | 本次担保金额） | 度内 | 担保 | | 东证国际金融 | 3,000 万 | 5 亿美元 | 是 | 否 | | 集团有限公司 | 1 美元 | | | | 累计担保情况 1 2025 年 3 月 28 日，公司第六届董事会第四次会议审议通过了《关 于预计公司 2025 年度对外担保的议案》，并提交公司于 2025 年 5 月 23 日召开的 2024 年年度股东大会审议获得通过。根据该议案，公司 及子公司为资产负债率超过70%的全资子公司新增担保总额 ...

Report Industry Investment Rating - Not provided in the report Core Viewpoints - The primary market issuance of Chinese offshore bonds declined last week, with 6 new bonds issued, totaling approximately $1.906 billion. The secondary market showed a slight increase, and US Treasury yields fluctuated upward [1][2][3] Summary by Directory 1. Primary Market - The issuance volume of the primary market for Chinese offshore bonds declined last week, with 6 new bonds issued, totaling approximately $1.906 billion. MTR Corporation issued two green bonds totaling A$2 billion, the largest issuance scale last week, and Shui On Land issued a $300 million bond with a coupon rate of 9.75%, the highest - priced new bond last week [7] 2. Secondary Market 2.1 Chinese US - dollar Bond Index Performance - The Chinese US - dollar bond index (Bloomberg Barclays) rose 0.15% week - on - week, and the emerging market US - dollar bond index rose 0.20%. The investment - grade index was at 203.1452, up 0.15% for the week, and the high - yield index was at 161.8156, up 0.18% for the week. The Chinese US - dollar bond return index (Markit iBoxx) rose 0.11% week - on - week, with the investment - grade return index at 244.9461, up 0.1% for the week, and the high - yield return index at 243.7889, up 0.21% for the week [9][14] 2.2 Performance of Chinese US - dollar Bond Industries - Different industries showed different trends. The telecommunications and healthcare sectors led the rise, while the real estate and non - essential consumer sectors led the decline. For example, the telecommunications sector's yield decreased by 45.5bps, and the healthcare sector's yield decreased by 40.2bps. The real estate sector's yield increased by 19.6Mbps, and the non - essential consumer sector's yield increased by 98bps [19][24] 2.3 Performance of Chinese US - dollar Bonds by Different Ratings - Investment - grade names generally rose, with the A - grade weekly yield down 5.0bps and the BBB - grade weekly yield down 2.7bps. High - yield names mostly fell, with the BB - grade yield down 6.6bps, the DD+ to NR - grade yield up about 7.9bps, and the non - rated name yield up 6.7Mbps [21] 2.4 Hot Events in the Bond Market Last Week - Fanhai Holdings failed to repay interest - bearing debts totaling 34.06 billion yuan as of December 31, 2025. Sunac China Holdings had new overdue borrowings and 19 new acts of dishonesty [25][26] 2.5 Rating Adjustments of Entities Last Week - Sichuan Huixing Industrial Investment and Development Co., Ltd.'s long - term issuer credit rating was BBB -; Qingdao Haifa Group's international long - term issuer credit rating was upgraded from A to A+; Ganzhou Urban Construction Investment Group's issuer rating was A - with a positive outlook; Moody's maintained the rating and stable outlook of Bohai Bank; Moody's adjusted the rating outlook of Yuexiu Real Estate Investment Trust Fund to stable; Moody's downgraded Wanda Commercial's family rating to Ca with a negative outlook; Fitch confirmed the long - term foreign and domestic currency issuer rating of Qingdao Huatong Group as BBB+ with a stable outlook [28][29] 3. US Treasury Bond Quotes - The report provides quotes for 30 US Treasury bonds with maturities over 6 months, including details such as code, maturity date, current price, yield to maturity, and coupon [30] 4. Macro Data Tracking - As of January 23, the 1 - year US Treasury yield was 3.5083%, down 2.66bps from the previous week; the 2 - year yield was 3.594%, up 0.8bps; the 5 - year yield was 3.8245%, up 0.93bps; the 10 - year yield was 4.2252%, up 0.23bps [35] 5. Macro News - The final annualized quarter - on - quarter growth rate of the US GDP in Q3 2025 was 4.4%, higher than the initial value. Trump reached an agreement framework on Greenland issues, and related tariffs will not take effect. Most economists expect the Fed to keep the benchmark interest rate unchanged this quarter. The US national debt increased by about $2.25 trillion in 2025. The IMF raised the economic growth forecasts for China and the world in 2026. The Bank of Japan kept the benchmark interest rate at 0.75%. South Korea's GDP grew 1% year - on - year in 2025. China's GDP in 2025 grew 5% year - on - year. The central bank governor said there is still room for reserve requirement ratio cuts and interest rate cuts this year. Three departments extended the tax incentives for innovative enterprise CDRs. The Ministry of Finance said the fiscal expenditure in 2026 will only increase. Six departments extended the tax incentives for community family services. Nine departments issued opinions to promote the high - quality development of the pharmaceutical retail industry. The shipment volume of Chinese foldable mobile phones increased 9.2% year - on - year in 2025. Housing prices in Chinese cities generally declined in December 2025. The extension proposal of "21 Vanke 02" was approved [34][35][36]

威迈斯首次公开发行股票的发行费用合计15,509.36万元（不含增值税），其中，承销保荐费用 11,547.27万元。 (责任编辑：何潇) 威迈斯于2023年7月26日在上交所科创板上市，发行股票数量4,210.00万股，发行价格为47.29元/ 股，保荐人（主承销商）为东方证券承销保荐有限公司，保荐代表人为王德慧、姜晓华。 上市首日，威迈斯盘中最高价报62.00元，为该股上市以来最高价。 威迈斯首次公开发行股票募集资金总额199,090.90万元，扣除不含税发行费用后，实际募集资金净 额为183,581.54万元。该公司最终募集资金净额比原计划多50,351.21万元。威迈斯于2023年7月21日披露 的招股说明书显示，其拟募集资金133,230.33万元，分别用于新能源汽车电源产品生产基地项目、龙岗 宝龙新能源汽车电源实验中心新建项目和补充流动资金。 中国经济网北京1月26日讯 威迈斯(688612.SH)今日股价下跌，截至收盘报32.90元，跌幅4.91%。该 股目前处于破发状态。 ...

Group 1 - The core viewpoint is that the demand for AI computing power is continuously rising, leading to a supply-demand imbalance in related hardware [2][3] - In the semiconductor upstream, the demand for AI-related power is driving price increases in mature process foundry services, while packaging factories are also raising prices due to strong AI computing demand and raw material cost pressures [2] - The storage industry is expected to see significant growth, with TrendForce predicting a market value of $551.6 billion by 2026, representing a year-on-year increase of 134% [2] Group 2 - The relaxation of export regulations on Nvidia's H200 chips to China is expected to boost domestic server manufacturing demand [3] - Domestic computing power hardware is making technological breakthroughs, with companies like Cambrian, Haiguang Information, and Moore Threads emerging in the chip sector, and advancements in packaging technology being reported by firms like Changdian Technology [4] - The AI space is anticipated to expand significantly, with innovations in hardware expected to create new investment opportunities in the industry chain [5]

Group 1 - Huatai Securities (Shanghai) Asset Management Co., Ltd. appointed Jiang Xiaoyang as Chairman and Zhu Qian as General Manager [1] - Jiang Xiaoyang has been with Huatai Securities since 2001, holding various positions before becoming Chairman [1][3] - Zhu Qian has experience from several financial institutions and joined Huatai Securities in March 2015 [1][4] Group 2 - Liu Bowen was appointed as Chief Risk Officer, previously serving in multiple roles within Huatai Securities [1] - Liu Bowen joined Huatai Securities in 2009 and has held positions such as Product Team Leader and Operations Head [1][4] - All new appointments are effective from January 23, 2026 [2][4]

格隆汇1月26日｜东方证券研报指出，环旭电子取得成都光创联科技有限公司控制权，拓展光通讯业 务，深化云端和终端模组产品布局。光创联专注于高速光电集成组件及光引擎产品研发、制造和销售。 认为环旭电子在技术、产业协同与产能等方面具备强大竞争力，有望持续融入全球光互连生态核心圈。 后续公司有望紧跟市场需求趋势，扩大产能满足客户需求。另外，智能眼镜行业保持高速成长，公司有 望深度受益。根据可比公司26年平均29倍PE估值，给予32.48元目标价，维持"买入"评级。 ...